Yen Down After OECD Revealing Forecast

Wednesday, June 24th, 2009

Japanese yenThe Japanese yen, often associated as the best performing currency in times of crisis due to its refuge investment profile, lost today as the OECD predicted an unexpected growth to its member countries, spurring demand for high-yielding assets.

Yen Rallies Against Main Currencies on Increased Safety Demand

Tuesday, June 23rd, 2009

Japanese yenThe Japanese currency gained against all 16 most traded currencies as economic concerns continue to rise around the world, causing another day of losses in stock markets, and spurring demand for the safety of the yen.

Yen Rises as Crisis in Iran Deepens

Monday, June 22nd, 2009

Japanese yenThe yen, considered as a refuge investment for moments of instability, rose as the political crisis in Iran deepens, creating tension in the international financial scenario.

Yen Returns to Fall as Stocks Continue Rally

Friday, June 19th, 2009

Japanese yenThe yen had another day of losses as equities markets around the world rebounded, damping demand for the Japanese currency as a refuge, and making high-yielding currencies to climb.

Yen Continues Fall as Demand For Yield Rises

Wednesday, June 10th, 2009

Japanese yenThe Japanese currency had a day of losses against major currencies and higher-yielding assets as the global slump eases, improving investor’s confidence to take riskier positions.

NZD Gains for 4th Day Against U.S. Dollar

Thursday, May 21st, 2009

New Zealand dollarThe New Zealand dollar rose for the fourth straight day against its U.S. counterpart and advanced for the second day versus the Australian dollar today, assisted by the signs of the global recession’s easing.

Australian Dollar Hits 7-month High on Favorable Employment Data

Thursday, May 7th, 2009

Australian dollarThe Aussie rose against the yen after a regional jobs report in Australia showed an increase in employment conditions and data.

New Zealand Dollars Weakens as Pig Flu Spreads

Tuesday, April 28th, 2009

New Zealand dollarThe New Zealand dollar, followed by its Australian counterpart, fell for the second day on fears that the swine flu may deepen the global slump, affecting tourism and high-yielding assets.

Aussie and Kiwi Gain as Risks Decrease

Monday, April 13th, 2009

New Zealand dollarThe currencies of Australia and New Zealand advanced against the Japanese yen and the U.S. dollar on the Forex market today as the traders clearly favored risk-ridden high-yielding assets despite the mixed stock trading session results in Asia.

Aussie Rises to New Monthly Maximums

Tuesday, March 17th, 2009

Australian dollarThe Australian dollar reached the new monthly maximum the Japanese yen as the stock markets signaled growth for a third day on improved earnings of the banks.


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